pendo replied to the topic Confsion Reigns! in the forum Value Adding 17 years, 2 months ago
Hey RichardI'm one of those people, that if you want to get to the top of the mountain the first, don't walk or run, use a friggin helicopter.I too read those books and came away thinking 'man what a truck load of work that is'. Successful sure, but not for me. I didn't want property cause I loved it. Nor did I want to deal with the tenants. I had…[Read more]
pendo replied to the topic It’s time to start! I need genuine advice. in the forum Help Needed! 17 years, 2 months ago
Hey Andy May I suggest that before you do anything, get some good advice from an accountant with a proven track record in Property investment. It will save you tens of thousands in the long run. Not to mention frustration and disinformation that comes from opinion and not fact. I can recommend a group that is very passionate (they actually like…[Read more]
pendo replied to the topic How to start in the forum Help Needed! 17 years, 2 months ago
Hi NinaMy email address is [email protected]. Cheers
pendo replied to the topic Property Hotspotting in the forum General Property 17 years, 2 months ago
I have bought two reports from Terry R thus far. One this morning, as a matter of fact. I'm impressed with the information contained. They seem to be very well researched and written. Good value for money!,………….. in my book at least. I was also impressed with his recent article in API's August edition. 'The real stars of the…[Read more]
pendo replied to the topic No more bottled water and take away coffee? in the forum Opinionated! 17 years, 3 months ago
I remember the 80's recession very well. Our sailmaking business was doing badly, even though our business was 75% percent reliant on export. We designed and made hang gliding sails with Bill Moyes. So we started buying property with my brother as partner. In fact, we bought our first PPOR on the Central Coast. We struggled, and lived in a c…[Read more]
pendo replied to the topic How to start in the forum Help Needed! 17 years, 3 months ago
Hi NinaYou sound like a very sincere person, and good on you for starting your quest for your family's financial security. But!!! Just a word of warning regarding advice etc. Like an awful lot of people starting out, once you sit down and begin sifting through the avalanche of information, you will be bewildered and confused. And as you said, th…[Read more]
pendo replied to the topic What happens if the Lending Company crashes in the forum Finance 17 years, 3 months ago
WOW Thanks for that info on HLP Richard. We were offered one $40,000 unit in HLP in 2004, and we were told most people had bought at least two. This was through a friend of a friend, who used to be a dentist, and Berlowitz, I think I recall was a former GE hotshot. They were offering 5% first year, 11% second year, 57% third year, 67% fourth ye…[Read more]
pendo replied to the topic Property Market Hotting Up in the forum With 42,000 new jobs being 17 years, 3 months ago
With 42,000 new jobs being created in Queensland last year. And, with no apparent slow down,…… would that not convince anyone with a bit of common sense, that supply of houses cannot meet demand. This includes rental, as well as owner occupier housing. The same in Melbourne, albeit a lower figure. Sydney also has a chronic shortage of new…[Read more]
pendo replied to the topic Can you narrow the search for me. in the forum Help Needed! 17 years, 5 months ago
Hi DevoI suggest Bundaberg. Close to the coast, plenty of cheap land, thriving local economy, about to get an extended runway to take the big jets. Bundy is a wonderful mix of back packer tourists, and old fashioned friendly locals. The Burnett River area is very undeveloped. The Bargara, Coral Cove area is about to get a new satellite city, and…[Read more]
pendo replied to the topic New home page – what do you think in the forum General Property 17 years, 5 months ago
I thought I noticed a shift in focus away from Steve himself on the site last week after, watching his latest book presentation. Also, where did all your blogs go? The one that stood out for me was your affirmation that another property boom was happening. You know the one!………….The house that someone paid more than the asking price, and…[Read more]
pendo replied to the topic Where have all the buyers gone? (Perth) in the forum Help Needed! 17 years, 6 months ago
Unless you have a waterfront at Mindarie Quays, WA. My eldest Brother hesitated over buying a waterfront block here approx 9 years ago for $230,000!!……..Well, after much goading from my old man he bought the waterfront and sold his house in Shelley. He plonked a pretty average project house on it for less than than $200,000. Well last mon…[Read more]
pendo replied to the topic Bundaberg Development – a fizzer or a toast?? in the forum Hey benbrophy
I’ve been a 17 years, 7 months agoHey benbrophyI've been a frequent visitor to Bundy for the last 2 years ,as my Brother moved from Sydney at that time, to build a house in the Innes Park area, and I have a free place to stay when I visit. The town of Bundaberg is huge, and from what I'm told has the largest growing tourist sector in the State. Whatever that means? Lots of cute l…[Read more]